Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL)
(“Xtract One” or the “Company”), a leading technology-driven threat
detection and security solution that prioritizes the patron access
experience by leveraging AI, today announced its SmartGateway has
been selected to protect all entrances at American Bank Center in
Corpus Christi, TX. A multi-purpose indoor arena and convention
space designed for concerts, sporting events, professional and
amateur rodeos, and other notable events, American Bank Center
boasts a 10,000-seat indoor arena and a 138,000-square-foot
convention center and is operated by Oak View Group.
The Center hosts a wide variety of live events –
including music, sports, theater, conventions, weddings, and
private parties – and serves as the area’s premiere destination for
group outings. An all-inclusive space hosting a variety of event
types, American Bank Center seeks to deliver exciting, memorable
experiences that lead visitors to return time and time again. This
three-year partnership with Xtract One demonstrates the venue’s
desire to put patron experience at the forefront of live events,
through innovative venue security focused on delivering enhanced,
streamlined, and efficient technology that helps minimize wait
times.
"At American Bank Center, we are devoted to
cultivating all-inclusive, unmatched live experiences for everyone
who visits the complex – no matter the event," said Jeff Butcher,
Director of Operations at American Bank Center. “In partnering with
Xtract One, we’re committed to enhancing security while allowing
locals and tourists alike to fully immerse themselves in our
state-of-the-art venue and variety of events. We look forward to
working together to foster unforgettable moments and lasting
memories for our guests right as the height of summer events kick
off, as well as year-round."
“We’re excited to have American Bank Center join
our growing list of innovative partners who value cutting-edge
security and optimizing the entire live event experience for
patrons,” added Peter Evans, CEO of Xtract One Technologies. “When
visitors go to entertainment complexes like American Bank Center,
they expect to have a memorable experience. We look forward to
contributing to an even more secure, dynamic space that enables
guests to fully immerse themselves in the live entertainment
experience with complete peace of mind.”
Xtract One’s SmartGateway system leverages
AI-powered sensors to detect threats discretely and accurately,
ensuring patrons' privacy and comfort. Replacing traditional metal
detectors, the system delivers fast, reliable, and seamless
screening solutions for large, ticketed venues, maximizing
throughput without compromising security. SmartGateway
unobtrusively scans patrons for weapons and prohibited items upon
entry, enabling faster and safer access to events. By optimizing
the screening process, patrons spend less time in security lines
and can swiftly enter the venue to fully enjoy their event
experience.
To learn more, visit www.xtractone.com.
About Xtract OneXtract One
Technologies is a leading technology-driven threat detection and
security solution leveraging AI to provide seamless and secure
patron access control experiences. The Company makes unobtrusive
threat detection systems that enable venue building operators to
prioritize and deliver improved patron experiences while providing
unprecedented safety. Xtract One’s innovative Gateway product
enables companies to covertly screen for weapons at points of entry
without disrupting the flow of traffic. Its AI-based software
allows venue and building operators to identify weapons and other
threats inside and outside of facilities and receive valuable
intelligence for optimizing operations. For more information, visit
www.xtractone.com or connect on LinkedIn, X, and Facebook.
About American Bank Center
American Bank Center is an entertainment complex owned by the city
of Corpus Christi and managed by OVG360 with OVG Hospitality. The
complex is in downtown Corpus Christi, Texas and consists of an
arena, auditorium, and convention center. The facility hosts
numerous conventions, trade shows, exhibitions, live performances,
and sporting events. Located directly on the beautiful Corpus
Christi Bay downtown, American Bank Center is flexible for any
group offering complimentary Wi-Fi and premium food and beverage
options.
About OVG360OVG360, a division
of Oak View Group, is a full-service venue management and
hospitality company that helps client-partners re imagine the
sports, live entertainment, and convention industries for the
betterment of the venue, employees, artists, athletes, and
surrounding communities. With a portfolio of more than 240
client-partners spanning arenas, stadiums, convention centers,
performing arts centers, cultural institutions, and state fairs
around the globe, OVG360 provides a set of services, resources and
expertise designed to elevate every aspect of business that matters
to venue operators. Service-oriented and driven by social
responsibility, OVG360 helps facilities drive value through
excellence and innovation in food services, booking and content
development, sustainable operations, public health, and public
safety and more.
Forward-Looking StatementsThis
news release contains forward-looking statements within the meaning
of applicable securities laws. All statements that are not
historical facts, including without limitation, statements
regarding future estimates, plans, programs, forecasts,
projections, objectives, assumptions, expectations, or beliefs of
future performance, are “forward-looking statements”.
Forward-looking statements can be identified by the use of words
such as “plans”, “expects” or “does not expect”, “is expected”,
“estimates”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved. Such
forward-looking statements involve known and unknown risks,
uncertainties, and other factors that may cause actual results,
events, or developments to be materially different from any future
results, events, or developments expressed or implied by such
forward looking statements. Such risks and uncertainties include,
but are not limited to, the risks detailed from time to time in the
continuous disclosure filings made by the Company with securities
regulations. These factors should be considered carefully, and
readers are cautioned not to place undue reliance on such
forward-looking statements. Although the Company has attempted to
identify important risk factors that could cause actual actions,
events, or results to differ materially from those described in
forward-looking statements, there may be other risk factors that
cause actions, events, or results to differ from those anticipated,
estimated, or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in forward-looking statements. The Company has no
obligation to update any forward looking statement, even if new
information becomes available as a result of future events, new
information or for any other reason except as required by law.
For further information, please
contact:Xtract One Inquiries:
info@xtractone.com, http://www.xtractone.com
Investor Relations: Chris Witty, Darrow
Associates, cwitty@darrowir.com, 646-438-9385Media
Contact: Kristen Aikey, JMG Public Relations,
kristen@jmgpr.com, 212-206-1645
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